Sector Alpha Week of 2026-07-28
20-quarter listed-company comparison

Asset Management Stocks

Asset Management: Brookfield Corporation owns the largest revenue base; StepStone Group Inc. has the fastest current growth.

The industry itself · before any single company

How has Asset Management moved against S&P 500?

The line below covers 5.2 years. Over the most recent two of them this industry is 28% behind S&P 500. Earnings across its companies fell 7% on average over the last four reported quarters.

ASLEEP · 1y −26.1%~Price down, no fundamental support21 of 96 companies ahead of S&P 500 by 5% or more over three months8 are 20% or more behind over a year while earnings grew 20% or more

RS — · 34/96 >200d (+0) · 21/96 lead (+1) · EPS 36/88↑

200300202620252024202320222021 235348 TRAILING 12-MONTH EPS · 100 AT THE START0100Mar 22Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 73 reportingJun 2022 · trailing 12-month earnings per share at 77, against 100 at the start · down 4.9% on a year ago · 75 reportingSep 2022 · trailing 12-month earnings per share at 70, against 100 at the start · no comparable year yet · 74 reportingDec 2022 · trailing 12-month earnings per share at 59, against 100 at the start · down 100.0% on a year ago · 75 reportingMar 2023 · trailing 12-month earnings per share at 55, against 100 at the start · down 46.1% on a year ago · 74 reportingJun 2023 · trailing 12-month earnings per share at 70, against 100 at the start · down 22.9% on a year ago · 75 reportingSep 2023 · trailing 12-month earnings per share at 74, against 100 at the start · down 1.0% on a year ago · 75 reportingDec 2023 · trailing 12-month earnings per share at 82, against 100 at the start · up 26.7% on a year ago · 78 reportingMar 2024 · trailing 12-month earnings per share at 85, against 100 at the start · up 38.2% on a year ago · 77 reportingJun 2024 · trailing 12-month earnings per share at 81, against 100 at the start · up 13.8% on a year ago · 78 reportingSep 2024 · trailing 12-month earnings per share at 82, against 100 at the start · up 0.3% on a year ago · 77 reportingDec 2024 · trailing 12-month earnings per share at 81, against 100 at the start · down 6.0% on a year ago · 78 reportingMar 2025 · trailing 12-month earnings per share at 76, against 100 at the start · down 20.2% on a year ago · 77 reportingJun 2025 · trailing 12-month earnings per share at 80, against 100 at the start · down 13.8% on a year ago · 78 reportingSep 2025 · trailing 12-month earnings per share at 76, against 100 at the start · down 0.6% on a year ago · 77 reportingDec 2025 · trailing 12-month earnings per share at 75, against 100 at the start · down 9.4% on a year ago · 78 reportingMar 2026 · trailing 12-month earnings per share at 64, against 100 at the start · down 3.2% on a year ago · 75 reportingNot reported yet — earnings trail price by a quarter or two64 · Mar 26No earnings on file this far back — the price series reaches further than the filings do
200300202620252024202320222021 235348 TRAILING 12-MONTH EPS · 100 AT THE START0100Mar 22Mar 23Mar 24Mar 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 73 reportingJun 2022 · trailing 12-month earnings per share at 77, against 100 at the start · down 4.9% on a year ago · 75 reportingSep 2022 · trailing 12-month earnings per share at 70, against 100 at the start · no comparable year yet · 74 reportingDec 2022 · trailing 12-month earnings per share at 59, against 100 at the start · down 100.0% on a year ago · 75 reportingMar 2023 · trailing 12-month earnings per share at 55, against 100 at the start · down 46.1% on a year ago · 74 reportingJun 2023 · trailing 12-month earnings per share at 70, against 100 at the start · down 22.9% on a year ago · 75 reportingSep 2023 · trailing 12-month earnings per share at 74, against 100 at the start · down 1.0% on a year ago · 75 reportingDec 2023 · trailing 12-month earnings per share at 82, against 100 at the start · up 26.7% on a year ago · 78 reportingMar 2024 · trailing 12-month earnings per share at 85, against 100 at the start · up 38.2% on a year ago · 77 reportingJun 2024 · trailing 12-month earnings per share at 81, against 100 at the start · up 13.8% on a year ago · 78 reportingSep 2024 · trailing 12-month earnings per share at 82, against 100 at the start · up 0.3% on a year ago · 77 reportingDec 2024 · trailing 12-month earnings per share at 81, against 100 at the start · down 6.0% on a year ago · 78 reportingMar 2025 · trailing 12-month earnings per share at 76, against 100 at the start · down 20.2% on a year ago · 77 reportingJun 2025 · trailing 12-month earnings per share at 80, against 100 at the start · down 13.8% on a year ago · 78 reportingSep 2025 · trailing 12-month earnings per share at 76, against 100 at the start · down 0.6% on a year ago · 77 reportingDec 2025 · trailing 12-month earnings per share at 75, against 100 at the start · down 9.4% on a year ago · 78 reportingMar 2026 · trailing 12-month earnings per share at 64, against 100 at the start · down 3.2% on a year ago · 75 reportingNot reported yet — earnings trail price by a quarter or two64No earnings on file this far back — the price series reaches further than the filings do
Asset Management, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy NarrowHow much of the industry is participating, how recently, and whether the movers score well.
Together21 of 96 stocks moving
Fresh5 crossed in the last 4 weeks
Backed by scoresmovers score +8 vs the industry average
Down the cap ladder — bar is now, tick is four weeks ago
Large 9/20+2
Mid 11/330
Small 1/43−1

Participation is not spreading downward this month; the larger companies are still carrying most of it.

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 96 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Asset Management outperforming S&P 500?

Asset Management has underperformed S&P 500 by 7.2% over the last 52 weeks. Over 13 weeks the gap is a lead of 6%. 14 of 28 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Victory Capital Holdings, Inc. is the strongest against the sector itself at +24.7%.

+6.0%Sector vs S&P 500 · 13 weeks
-7.2%Sector vs S&P 500 · 52 weeks
14/28Stocks leading S&P 500
12/28Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Asset Management has underperformed S&P 500 by 7.2% over 52 weeks and 6% over 13 weeks. 14 of 28 covered companies beat the S&P 500 on Mansfield relative strength, while 12 of 28 beat the sector itself. Brookfield Corporation leads with income of $70,520 million, based on 23 of 29 comparable companies through Mar 2026.

Is the Asset Management sector outperforming S&P 500?

Asset Management has underperformed S&P 500 by 7.2% over 52 weeks and 6% over 13 weeks. 14 of 28 covered companies beat the S&P 500 on Mansfield relative strength, while 12 of 28 beat the sector itself.

Which Asset Management company is largest by income?

Brookfield Corporation leads with income of $70,520 million, based on 23 of 29 comparable companies through Mar 2026.

Which Asset Management company is growing fastest?

StepStone Group Inc. has the fastest current income growth at 69.7%, across 23 of 29 comparable companies.

Which Asset Management company has the strongest 4-Factor Sector Score?

Victory Capital Holdings, Inc. ranks first at 68.9/100 with 76% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Asset Management company has the largest deposit base?

Northern Trust Corporation has the largest reported deposit base at $145,580 million. Bank borrowings are operating funding, not industrial leverage.

Which Asset Management company has the lowest comparable P/BV-to-ROE?

Franklin Resources, Inc. has the lowest comparable P/BV ÷ ROE at 0.15, among 23 of 29 companies that pass the metric’s comparability rules.

How much history does this Asset Management comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
29
complete canonical membership
Combined market value
$1.1T
BlackRock, Inc.
Revenue growing
17/23
positive TTM year-on-year growth
Beating S&P 500
14/28
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Victory Capital Holdings, Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 76% evidence confidence.
T. Rowe Price Group, Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded.

1. Victory Capital Holdings, Inc. · VCTR

68.9/100 · Favorable setup · 76% evidence

Exact sum: 25.5 + 16.4 + 7.3 + 19.7 = 68.9

Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.

25.5/35Growth & earnings

Income 64.1% · PAT 29.1%

71% evidence

16.4/25Capital efficiency

ROA 3.6% · ROE 6.4% · GNPA —

68% evidence

7.3/20Valuation

P/BV 2.29× · P/BV÷ROE 0.36

70% evidence

19.7/20Relative strength

RS sector 24.7% · RS bench 28.5% · 1Y 50.4%

100% evidence

2. Raymond James Financial, Inc. · RJF

61.2/100 · Mixed-positive evidence · 60% evidence

Exact sum: 21.2 + 15.9 + 10.7 + 13.4 = 61.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

21.2/35Growth & earnings

Income — · PAT —

26% evidence

15.9/25Capital efficiency

ROA 1.4% · ROE 9.7% · GNPA —

68% evidence

10.7/20Valuation

P/BV 2.24× · P/BV÷ROE 0.23

70% evidence

13.4/20Relative strength

RS sector 0.3% · RS bench 3% · 1Y 8.7%

100% evidence

3. SEI Investments Company · SEIC

59.1/100 · Mixed-positive evidence · 60% evidence

Exact sum: 18.3 + 17.6 + 6.1 + 17.1 = 59.1

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

18.3/35Growth & earnings

Income — · PAT —

26% evidence

17.6/25Capital efficiency

ROA 5.2% · ROE 7.7% · GNPA —

68% evidence

6.1/20Valuation

P/BV 4.22× · P/BV÷ROE 0.55

70% evidence

17.1/20Relative strength

RS sector 9.1% · RS bench 12.2% · 1Y 19.3%

100% evidence

4. Franklin Resources, Inc. · BEN

58.3/100 · Mixed-positive evidence · 76% evidence

Exact sum: 19.7 + 15.9 + 8.6 + 14.1 = 58.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.7/35Growth & earnings

Income 4.5% · PAT 17.4%

71% evidence

15.9/25Capital efficiency

ROA 6.7% · ROE 2.3% · GNPA —

68% evidence

8.6/20Valuation

P/BV 0.34× · P/BV÷ROE 0.15

70% evidence

14.1/20Relative strength

RS sector 13.8% · RS bench 17.3% · 1Y 39.2%

100% evidence

5. T. Rowe Price Group, Inc. · TROW

55.1/100 · Mixed-positive evidence · 76% evidence

Exact sum: 15.3 + 16 + 6.9 + 16.9 = 55.1

Decision use: Price leads the evidence: RS versus the benchmark is 9.7%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

15.3/35Growth & earnings

Income 4.2% · PAT 6.9%

71% evidence

16.0/25Capital efficiency

ROA 3.7% · ROE 4.5% · GNPA —

68% evidence

6.9/20Valuation

P/BV 1.8× · P/BV÷ROE 0.4

70% evidence

16.9/20Relative strength

RS sector 6.7% · RS bench 9.7% · 1Y 18.1%

100% evidence

6. BlackRock, Inc. · BLK

53.9/100 · Mixed-positive evidence · 80% evidence

Exact sum: 23.6 + 16.5 + 7.7 + 6.1 = 53.9

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -7.1% and the one-year return is 0.5%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

23.6/35Growth & earnings

Income 26.5% · PAT 9.2%

81% evidence

16.5/25Capital efficiency

ROA 2.5% · ROE 7.9% · GNPA —

68% evidence

7.7/20Valuation

P/BV 2.64× · P/BV÷ROE 0.33

70% evidence

6.1/20Relative strength

RS sector -7.1% · RS bench -4.6% · 1Y 0.5%

100% evidence

7. Affiliated Managers Group, Inc. · AMG

53.7/100 · Mixed-positive evidence · 76% evidence

Exact sum: 19 + 10.8 + 6 + 17.9 = 53.7

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.0/35Growth & earnings

Income 4.2% · PAT 48.4%

71% evidence

10.8/25Capital efficiency

ROA 0.7% · ROE 3.7% · GNPA —

68% evidence

6.0/20Valuation

P/BV 2.37× · P/BV÷ROE 0.64

70% evidence

17.9/20Relative strength

RS sector 17.1% · RS bench 20.9% · 1Y 78.8%

100% evidence

8. Principal Financial Group, Inc. · PFG

51.5/100 · Mixed-positive evidence · 76% evidence

Exact sum: 19.3 + 8.8 + 8.6 + 14.8 = 51.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.3/35Growth & earnings

Income -2% · PAT 42.1%

71% evidence

8.8/25Capital efficiency

ROA 0.1% · ROE 6.3% · GNPA —

68% evidence

8.6/20Valuation

P/BV 1.65× · P/BV÷ROE 0.26

70% evidence

14.8/20Relative strength

RS sector 11.8% · RS bench 15.4% · 1Y 51.1%

100% evidence

9. Janus Henderson Group plc · JHG

51.5/100 · Mixed-positive evidence · 70% evidence

Exact sum: 20.6 + 12 + 5.8 + 13.1 = 51.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.6/35Growth & earnings

Income 24.5% · PAT 100%

71% evidence

12.0/25Capital efficiency

ROA 1.2% · ROE 1.9% · GNPA —

68% evidence

5.8/20Valuation

P/BV 1.53× · P/BV÷ROE 0.81

70% evidence

13.1/20Relative strength

RS sector 5.3% · RS bench 0.6% · 1Y 28.9%

70% evidence

10. Blackstone Inc. · BX

51.1/100 · Mixed-positive evidence · 60% evidence

Exact sum: 20.8 + 17.9 + 4.8 + 7.6 = 51.1

Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

20.8/35Growth & earnings

Income — · PAT —

26% evidence

17.9/25Capital efficiency

ROA 5% · ROE 10.8% · GNPA —

68% evidence

4.8/20Valuation

P/BV 9.7× · P/BV÷ROE 0.9

70% evidence

7.6/20Relative strength

RS sector -13% · RS bench -11.2% · 1Y -21.4%

100% evidence

11. State Street Corporation · STT

50.5/100 · Mixed-positive evidence · 60% evidence

Exact sum: 17.6 + 9.7 + 6.6 + 16.6 = 50.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.6/35Growth & earnings

Income — · PAT —

26% evidence

9.7/25Capital efficiency

ROA 0.3% · ROE 3.9% · GNPA —

68% evidence

6.6/20Valuation

P/BV 1.66× · P/BV÷ROE 0.43

70% evidence

16.6/20Relative strength

RS sector 23% · RS bench 27% · 1Y 68.1%

100% evidence

12. Corebridge Financial, Inc. · CRBG

47.7/100 · Thin evidence · provisional · 55% evidence

Exact sum: 19.4 + 5.2 + 9.8 + 13.3 = 47.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

19.4/35Growth & earnings

Income 14.6% · PAT -71.3%

45% evidence

5.2/25Capital efficiency

ROA 0% · ROE -0.5% · GNPA —

68% evidence

9.8/20Valuation

P/BV 1.01× · P/BV÷ROE —

10% evidence

13.3/20Relative strength

RS sector -1.2% · RS bench 1.2% · 1Y -6.3%

100% evidence

13. StepStone Group Inc. · STEP

47.1/100 · Thin evidence · provisional · 55% evidence

Exact sum: 23.4 + 13.6 + 9.8 + 0.3 = 47.1

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

23.4/35Growth & earnings

Income 69.7% · PAT —

45% evidence

13.6/25Capital efficiency

ROA 6.9% · ROE 0.5% · GNPA —

68% evidence

9.8/20Valuation

P/BV -9.31× · P/BV÷ROE —

10% evidence

0.3/20Relative strength

RS sector -28.1% · RS bench -26.5% · 1Y -21.4%

100% evidence

14. Ares Management Corporation · ARES

44.2/100 · Mixed-negative evidence · 76% evidence

Exact sum: 23.4 + 10.1 + 4 + 6.7 = 44.2

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -18% and the one-year return is -30%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

23.4/35Growth & earnings

Income 38.5% · PAT 18%

71% evidence

10.1/25Capital efficiency

ROA 0.7% · ROE 2.9% · GNPA —

68% evidence

4.0/20Valuation

P/BV 6.11× · P/BV÷ROE 2.11

70% evidence

6.7/20Relative strength

RS sector -18% · RS bench -16.4% · 1Y -30%

100% evidence

15. Brookfield Asset Management Ltd. · BAM

41.9/100 · Mixed-negative evidence · 76% evidence

Exact sum: 16.8 + 15.7 + 4 + 5.4 = 41.9

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

16.8/35Growth & earnings

Income 21.5% · PAT 10.5%

71% evidence

15.7/25Capital efficiency

ROA 3.3% · ROE 5.3% · GNPA —

68% evidence

4.0/20Valuation

P/BV 9.38× · P/BV÷ROE 1.77

70% evidence

5.4/20Relative strength

RS sector -14.9% · RS bench -12.8% · 1Y -19.7%

100% evidence

16. Equitable Holdings, Inc. · EQH

41.3/100 · Mixed-negative evidence · 76% evidence

Exact sum: 12.1 + 12.7 + 4.1 + 12.4 = 41.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

12.1/35Growth & earnings

Income -23.4% · PAT -126%

71% evidence

12.7/25Capital efficiency

ROA 0.3% · ROE 24.1% · GNPA —

68% evidence

4.1/20Valuation

P/BV 38.27× · P/BV÷ROE 1.59

70% evidence

12.4/20Relative strength

RS sector -2.3% · RS bench 0% · 1Y -1.4%

100% evidence

17. Invesco Ltd. · IVZ

40.4/100 · Mixed-negative evidence · 76% evidence

Exact sum: 12 + 10.4 + 6.2 + 11.8 = 40.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

12.0/35Growth & earnings

Income 8.3% · PAT -164.8%

71% evidence

10.4/25Capital efficiency

ROA 0.9% · ROE 1.5% · GNPA —

68% evidence

6.2/20Valuation

P/BV 0.88× · P/BV÷ROE 0.59

70% evidence

11.8/20Relative strength

RS sector 5% · RS bench 8.2% · 1Y 42.8%

100% evidence

18. KKR & Co. Inc. · KKR

38.7/100 · Mixed-negative evidence · 76% evidence

Exact sum: 22.8 + 6.7 + 3.8 + 5.4 = 38.7

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -17.5% and the one-year return is -28%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

22.8/35Growth & earnings

Income 34.8% · PAT 27.6%

71% evidence

6.7/25Capital efficiency

ROA 0.1% · ROE 0.4% · GNPA —

68% evidence

3.8/20Valuation

P/BV 2.7× · P/BV÷ROE 6.74

70% evidence

5.4/20Relative strength

RS sector -17.5% · RS bench -15.8% · 1Y -28%

100% evidence

19. Brookfield Corporation · BN

36.8/100 · Mixed-negative evidence · 76% evidence

Exact sum: 20.8 + 8.9 + 3.9 + 3.2 = 36.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

20.8/35Growth & earnings

Income -6.7% · PAT 100%

71% evidence

8.9/25Capital efficiency

ROA 0.7% · ROE 0.5% · GNPA —

68% evidence

3.9/20Valuation

P/BV 2.95× · P/BV÷ROE 5.9

70% evidence

3.2/20Relative strength

RS sector -14% · RS bench -11.6% · 1Y -2.7%

100% evidence

20. TPG Inc. · TPG

34.3/100 · Adverse evidence · 64% evidence

Exact sum: 17.5 + 4.4 + 9.4 + 3 = 34.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

17.5/35Growth & earnings

Income 11.5% · PAT 100%

71% evidence

4.4/25Capital efficiency

ROA -0.8% · ROE -3.4% · GNPA —

68% evidence

9.4/20Valuation

P/BV 5.73× · P/BV÷ROE —

10% evidence

3.0/20Relative strength

RS sector -23.2% · RS bench -21.7% · 1Y -21.6%

100% evidence

21. Blackstone Secured Lending Fund · BXSL

34.2/100 · Adverse evidence · 62% evidence

Exact sum: 10.2 + 12.2 + 8.6 + 3.2 = 34.2

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

10.2/35Growth & earnings

Income -22.6% · PAT -19.1%

55% evidence

12.2/25Capital efficiency

ROA — · ROE 3.4% · GNPA —

34% evidence

8.6/20Valuation

P/BV 0.9× · P/BV÷ROE 0.27

70% evidence

3.2/20Relative strength

RS sector -17.7% · RS bench -15.6% · 1Y -25.2%

100% evidence

22. Ares Capital Corporation · ARCC

33.7/100 · Adverse evidence · 62% evidence

Exact sum: 12 + 10.8 + 5.3 + 5.6 = 33.7

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

12.0/35Growth & earnings

Income 2% · PAT -12.5%

55% evidence

10.8/25Capital efficiency

ROA — · ROE 0.7% · GNPA —

34% evidence

5.3/20Valuation

P/BV 0.92× · P/BV÷ROE 1.31

70% evidence

5.6/20Relative strength

RS sector -12.7% · RS bench -10.5% · 1Y -15%

100% evidence

23. Blue Owl Capital Inc. · OWL

33.5/100 · Adverse evidence · 76% evidence

Exact sum: 15.6 + 8.7 + 4.2 + 5 = 33.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

15.6/35Growth & earnings

Income 19.3% · PAT 1.2%

71% evidence

8.7/25Capital efficiency

ROA 0.7% · ROE 1.3% · GNPA —

68% evidence

4.2/20Valuation

P/BV 2.94× · P/BV÷ROE 2.26

70% evidence

5.0/20Relative strength

RS sector -31.9% · RS bench -30.9% · 1Y -47.9%

100% evidence

24. Apollo Global Management, Inc. · APO

31.3/100 · Adverse evidence · 64% evidence

Exact sum: 11.9 + 5.2 + 9.6 + 4.6 = 31.3

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

11.9/35Growth & earnings

Income 28.2% · PAT -45%

71% evidence

5.2/25Capital efficiency

ROA -0.5% · ROE -3.9% · GNPA —

68% evidence

9.6/20Valuation

P/BV 3.22× · P/BV÷ROE —

10% evidence

4.6/20Relative strength

RS sector -12.1% · RS bench -9.8% · 1Y -9.8%

100% evidence

25. Blue Owl Capital Corporation · OBDC

27.5/100 · Adverse evidence · 62% evidence

Exact sum: 9.3 + 10.2 + 5.1 + 2.9 = 27.5

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

9.3/35Growth & earnings

Income -11% · PAT -50.5%

55% evidence

10.2/25Capital efficiency

ROA — · ROE 0.5% · GNPA —

34% evidence

5.1/20Valuation

P/BV 0.77× · P/BV÷ROE 1.53

70% evidence

2.9/20Relative strength

RS sector -17.7% · RS bench -15.6% · 1Y -21.7%

100% evidence

26. The Carlyle Group Inc. · CG

23.8/100 · Adverse evidence · 64% evidence

Exact sum: 6.5 + 6.5 + 9.5 + 1.3 = 23.8

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

6.5/35Growth & earnings

Income -28.9% · PAT -44%

71% evidence

6.5/25Capital efficiency

ROA 0.3% · ROE -2.1% · GNPA —

68% evidence

9.5/20Valuation

P/BV 3.22× · P/BV÷ROE —

10% evidence

1.3/20Relative strength

RS sector -22% · RS bench -20.3% · 1Y -20.8%

100% evidence

27. Pershing Square Inc. · PS

57.6/100 · Thin evidence · provisional · 42% evidence

Exact sum: 29.1 + 8.5 + 10 + 10 = 57.6

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

29.1/35Growth & earnings

Income 68.8% · PAT 100%

71% evidence

8.5/25Capital efficiency

ROA 1% · ROE -35.8% · GNPA —

68% evidence

10.0/20Valuation

P/BV — · P/BV÷ROE —

0% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

28. Ameriprise Financial, Inc. · AMP

55.2/100 · Thin evidence · provisional · 46% evidence

Exact sum: 16.6 + 16.4 + 6.5 + 15.7 = 55.2

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

16.6/35Growth & earnings

Income — · PAT —

10% evidence

16.4/25Capital efficiency

ROA — · ROE 17.9% · GNPA —

34% evidence

6.5/20Valuation

P/BV 6.48× · P/BV÷ROE 0.36

70% evidence

15.7/20Relative strength

RS sector 3.1% · RS bench 5.8% · 1Y 9%

100% evidence

29. Northern Trust Corporation · NTRS

52.3/100 · Thin evidence · provisional · 46% evidence

Exact sum: 18.5 + 13 + 8 + 12.8 = 52.3

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

18.5/35Growth & earnings

Income — · PAT —

10% evidence

13.0/25Capital efficiency

ROA — · ROE 6% · GNPA —

34% evidence

8.0/20Valuation

P/BV 1.99× · P/BV÷ROE 0.33

70% evidence

12.8/20Relative strength

RS sector 11.6% · RS bench 15.2% · 1Y 42.3%

100% evidence

01 · compare level, then change

Income Scale & Growth Durability

Brookfield Corporation has the highest Income among the 29 Asset Management companies compared here, at $70,520 million. Apollo Global Management, Inc. is next at $31,560 million. StepStone Group Inc. has the highest Income growth at 69.7%, so level and change sit with different companies. 23 of 29 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Brookfield Corporation is the scale leader at $70,520 million, 123.4% ahead of Apollo Global Management, Inc.. StepStone Group Inc.'s growth is 69.7% from a $1,994 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderBrookfield Corporation · $70,520 million
Gap123.4% versus #2 · Apollo Global Management, Inc.
Persistence2/8 recent comparable periods
Coverage23/29 companies · 540 observations

Investor read: Brookfield Corporation is the scale benchmark; StepStone Group Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Brookfield Corporation's growth falls below StepStone Group Inc.'s for two consecutive comparable reports while operating margin also compresses.

For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.
Incomelargest
1Brookfield Corporation BN$70.5B
2Apollo Global Management, Inc. APO$31.6B
3BlackRock, Inc. BLK$27.3B
4KKR & Co. Inc. KKR$20.7B
5Corebridge Financial, Inc. CRBG$18.9B
Income growthfastest growers
1StepStone Group Inc. STEP70%
2Pershing Square Inc. PS69%
3Victory Capital Holdings, Inc. VCTR64%
4Ares Management Corporation ARES39%
5KKR & Co. Inc. KKR35%
Income · company comparison
23/29 level · 23/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyIncomeIncome growthReported
Brookfield Corporation BN$13.4B7.2%Mar 2026
BlackRock, Inc. BLK$7.1B31%Jun 2026
Apollo Global Management, Inc. APO$5.1B-8.8%Mar 2026
Ameriprise Financial, Inc. AMP$4.8B11%Jun 2026
KKR & Co. Inc. KKR$4.3B39%Mar 2026
Equitable Holdings, Inc. EQH$4.2B-7.6%Mar 2026
Corebridge Financial, Inc. CRBG$4.0B11%Mar 2026
Raymond James Financial, Inc. RJF$3.9B13%Jun 2026
State Street Corporation STT$3.8B16%Jun 2026
Blackstone Inc. BX$3.6B10%Jun 2026
Principal Financial Group, Inc. PFG$3.5B-4.5%Mar 2026
Franklin Resources, Inc. BEN$2.2B8.6%Mar 2026
Northern Trust Corporation NTRS$2.2B14%Jun 2026
T. Rowe Price Group, Inc. TROW$1.9B5.3%Mar 2026
Invesco Ltd. IVZ$1.7B14%Mar 2026
Ares Management Corporation ARES$1.4B28%Mar 2026
Brookfield Asset Management Ltd. BAM$1.3B24%Mar 2026
Ares Capital Corporation ARCC$763M4.2%Mar 2026
Blue Owl Capital Inc. OWL$754M10%Mar 2026
Janus Henderson Group plc JHG$690M11%Mar 2026
SEI Investments Company SEIC$622M13%Jun 2026
StepStone Group Inc. STEP$589M56%Mar 2026
Affiliated Managers Group, Inc. AMG$545M9.7%Mar 2026
TPG Inc. TPG$500M-52%Mar 2026
Victory Capital Holdings, Inc. VCTR$388M76%Mar 2026
Blackstone Secured Lending Fund BXSL$255M-39%Mar 2026
The Carlyle Group Inc. CG$254M-74%Mar 2026
Blue Owl Capital Corporation OBDC$213M-58%Mar 2026
Pershing Square Inc. PS$58M12%Mar 2026
Full 20-quarter history · every available company

Income · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Ameriprise Financial, Inc. · AMP

$2.9B
$3.7B
$3.6B
$3.5B
$3.5B
$3.7B
$3.7B
$3.9B
$3.9B
$4.0B
$4.1B
$4.2B
$4.4B
$4.5B
$4.4B
$4.4B
$4.8B
$5.0B
$4.8B

Apollo Global Management, Inc. · APO

$1.1B
$1.2B
$1.3B
$480M
$3.0B
$4.8B
$5.3B
$13.7B
$2.6B
$11.0B
$7.0B
$6.0B
$7.8B
$5.3B
$5.5B
$6.8B
$9.8B
$9.9B
$5.1B

Ares Management Corporation · ARES

$949M
$1.3B
$715M
$601M
$801M
$938M
$813M
$1.1B
$671M
$1.1B
$707M
$789M
$1.1B
$1.3B
$1.1B
$1.4B
$1.7B
$1.5B
$1.4B

BlackRock, Inc. · BLK

$5.1B
$5.1B
$4.7B
$4.5B
$4.3B
$4.3B
$4.2B
$4.5B
$4.5B
$4.6B
$4.7B
$4.8B
$5.2B
$5.7B
$5.3B
$5.4B
$6.5B
$7.0B
$6.7B
$7.1B

Blackstone Inc. · BX

$6.2B
$5.8B
$5.1B
$629M
$1.1B
$1.7B
$1.4B
$2.8B
$2.5B
$1.3B
$3.7B
$2.8B
$3.7B
$3.1B
$3.3B
$3.7B
$3.1B
$4.4B
$3.6B

Brookfield Asset Management Ltd. · BAM

$857M
$857M
$755M
$924M
$831M
$1.1B
$1.1B
$985M
$893M
$1.1B
$884M
$916M
$1.1B
$1.1B
$1.1B
$1.1B
$1.3B
$1.4B
$1.3B

Brookfield Corporation · BN

$19.2B
$21.8B
$21.9B
$23.3B
$23.4B
$24.2B
$23.3B
$23.7B
$24.4B
$24.5B
$22.9B
$23.1B
$20.6B
$19.4B
$12.5B
$18.1B
$18.9B
$20.2B
$13.4B

KKR & Co. Inc. · KKR

$4.5B
$4.0B
$999M
$323M
$1.9B
$2.5B
$3.1B
$3.6B
$3.3B
$4.4B
$9.7B
$4.2B
$4.8B
$3.3B
$3.1B
$5.1B
$5.5B
$5.7B
$4.3B

Northern Trust Corporation · NTRS

$1.6B
$1.7B
$1.7B
$1.8B
$1.8B
$1.5B
$1.7B
$1.8B
$1.7B
$1.5B
$1.7B
$2.7B
$2.0B
$2.0B
$1.9B
$2.0B
$2.0B
$2.1B
$2.2B

Raymond James Financial, Inc. · RJF

$2.7B
$2.8B
$2.7B
$2.7B
$2.8B
$2.8B
$2.9B
$2.9B
$3.1B
$3.0B
$3.1B
$3.2B
$3.5B
$3.5B
$3.4B
$3.4B
$3.7B
$3.7B
$3.9B

State Street Corporation · STT

$3.0B
$3.1B
$3.1B
$3.0B
$3.0B
$3.2B
$3.1B
$3.1B
$2.7B
$3.0B
$3.1B
$3.2B
$3.3B
$3.4B
$3.3B
$3.4B
$3.5B
$3.7B
$3.8B

T. Rowe Price Group, Inc. · TROW

$2.0B
$2.0B
$1.9B
$1.5B
$1.6B
$1.5B
$1.5B
$1.6B
$1.7B
$1.6B
$1.8B
$1.7B
$1.8B
$1.8B
$1.8B
$1.7B
$1.9B
$1.9B
$1.9B

Income growth · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Ameriprise Financial, Inc. · AMP

2.0%
20%
-1.2%
3.2%
11%
13%
9.0%
11%
8.9%
12%
13%
5.0%
3.7%
9.0%
10%
11%

Apollo Global Management, Inc. · APO

-65%
176%
305%
309%
2,755%
-13%
128%
33%
-56%
200%
-52%
-21%
13%
26%
87%
-8.8%

Ares Management Corporation · ARES

-54%
-16%
-28%
14%
82%
-16%
12%
-13%
-28%
68%
19%
54%
71%
47%
20%
28%

BlackRock, Inc. · BLK

-6.1%
-15%
-15%
-9.7%
-1.4%
4.9%
6.8%
11%
7.7%
15%
23%
12%
13%
25%
23%
27%
31%

Blackstone Inc. · BX

-88%
-83%
-70%
-73%
348%
140%
-25%
167%
-0.7%
44%
140%
-11%
33%
-16%
41%
10%

Brookfield Asset Management Ltd. · BAM

25%
-3.0%
30%
40%
6.6%
7.5%
1.2%
-16%
-7.0%
25%
-5.9%
22%
19%
12%
31%
24%

Brookfield Corporation · BN

27%
22%
11%
6.5%
1.8%
4.4%
1.3%
-1.7%
-2.6%
-16%
-21%
-46%
-22%
-8.3%
3.8%
7.2%

KKR & Co. Inc. · KKR

-90%
-59%
-38%
213%
1,023%
79%
75%
209%
15%
45%
-26%
-68%
22%
15%
76%
39%

Northern Trust Corporation · NTRS

9.8%
6.5%
-9.8%
0.8%
0.5%
-2.3%
1.3%
-4.3%
53%
14%
28%
17%
-27%
4.1%
8.2%
14%

Raymond James Financial, Inc. · RJF

10%
5.1%
0.2%
7.5%
7.0%
7.8%
8.2%
8.5%
11%
13%
17%
9.1%
5.3%
7.7%
5.6%
13%

State Street Corporation · STT

-2.7%
-1.0%
3.3%
0.7%
5.3%
-9.1%
-3.6%
1.2%
2.6%
21%
12%
4.7%
8.1%
8.8%
7.5%
16%

T. Rowe Price Group, Inc. · TROW

-22%
-19%
-22%
-17%
6.4%
5.2%
7.7%
14%
7.6%
6.9%
11%
0.8%
-0.6%
6.1%
6.0%
5.3%
02 · compare level, then change

Profit Scale & Acceleration

BlackRock, Inc. has the highest Net profit among the 29 Asset Management companies compared here, at $7,130 million. KKR & Co. Inc. is next at $5,739 million. Brookfield Corporation has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: BlackRock, Inc. leads with $7,130 million of TTM profit, 24.2% above KKR & Co. Inc.. Brookfield Corporation shows ≥100% on the scoring scale (154.2% uncapped) growth from a $3,769 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderBlackRock, Inc. · $7,130 million
Gap24.2% versus #2 · KKR & Co. Inc.
Persistence5/8 recent comparable periods
Coverage23/29 companies · 542 observations

Investor read: BlackRock, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.
Net profitlargest
1BlackRock, Inc. BLK$7.1B
2KKR & Co. Inc. KKR$5.7B
3Brookfield Corporation BN$3.8B
4Franklin Resources, Inc. BEN$3.1B
5Apollo Global Management, Inc. APO$3.1B
Profit growthfastest growers
1Brookfield Corporation BN100%
2Janus Henderson Group plc JHG100%
3Pershing Square Inc. PS100%
4TPG Inc. TPG100%
5Affiliated Managers Group, Inc. AMG48%
Net profit · company comparison
23/29 level · 21/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
BlackRock, Inc. BLK$2.0B23%Jun 2026
Blackstone Inc. BX$1.3B4.1%Jun 2026
Ameriprise Financial, Inc. AMP$915M57%Jun 2026
State Street Corporation STT$764M19%Jun 2026
Brookfield Corporation BN$749M403%Mar 2026
Equitable Holdings, Inc. EQH$731M387%Mar 2026
Brookfield Asset Management Ltd. BAM$586M16%Mar 2026
Raymond James Financial, Inc. RJF$544M9.9%Jun 2026
Northern Trust Corporation NTRS$526M34%Jun 2026
T. Rowe Price Group, Inc. TROW$484M-4.2%Mar 2026
Principal Financial Group, Inc. PFG$413M556%Mar 2026
Franklin Resources, Inc. BEN$347M2,792%Mar 2026
KKR & Co. Inc. KKR$278M-59%Mar 2026
Ares Management Corporation ARES$253M104%Mar 2026
Invesco Ltd. IVZ$219M-18%Mar 2026
Blackstone Secured Lending Fund BXSL$208M-39%Mar 2026
SEI Investments Company SEIC$177M16%Jun 2026
Affiliated Managers Group, Inc. AMG$146M47%Mar 2026
Victory Capital Holdings, Inc. VCTR$112M81%Mar 2026
Janus Henderson Group plc JHG$107M-7.8%Mar 2026
Ares Capital Corporation ARCC$92M-62%Mar 2026
Blue Owl Capital Inc. OWL$80M116%Mar 2026
Blue Owl Capital Corporation OBDC$36M-88%Mar 2026
StepStone Group Inc. STEP$7M-46%Mar 2026
Corebridge Financial, Inc. CRBG$-61M-64%Mar 2026
TPG Inc. TPG$-123M-240%Mar 2026
The Carlyle Group Inc. CG$-142M-189%Mar 2026
Pershing Square Inc. PS$-159M-895%Mar 2026
Apollo Global Management, Inc. APO$-1.4B-250%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Ameriprise Financial, Inc. · AMP

$1.0B
$701M
$825M
$614M
$1.1B
$649M
$417M
$890M
$872M
$377M
$990M
$829M
$511M
$1.1B
$583M
$1.1B
$912M
$1.0B
$915M

Apollo Global Management, Inc. · APO

$631M
$612M
$1.3B
$182M
$-849M
$1.0B
$1.5B
$750M
$640M
$3.6B
$1.8B
$1.2B
$1.8B
$1.7B
$938M
$842M
$2.5B
$1.2B
$-1.4B

Ares Management Corporation · ARES

$217M
$266M
$141M
$54M
$-49M
$293M
$207M
$332M
$197M
$424M
$204M
$276M
$281M
$350M
$124M
$226M
$540M
$198M
$253M

BlackRock, Inc. · BLK

$1.8B
$1.6B
$1.4B
$963M
$1.4B
$1.3B
$1.2B
$1.4B
$1.6B
$1.5B
$1.6B
$1.5B
$1.7B
$1.7B
$1.5B
$1.7B
$1.5B
$1.2B
$2.3B
$2.0B

Blackstone Inc. · BX

$3.2B
$2.9B
$2.5B
$-256M
$4M
$743M
$211M
$1.2B
$921M
$109M
$1.6B
$948M
$1.6B
$1.3B
$1.2B
$1.6B
$1.2B
$2.0B
$1.3B

Brookfield Asset Management Ltd. · BAM

$875M
$875M
$723M
$834M
$695M
$613M
$516M
$580M
$510M
$531M
$373M
$518M
$537M
$680M
$507M
$584M
$692M
$615M
$586M

Brookfield Corporation · BN

$2.7B
$3.5B
$3.0B
$1.5B
$716M
$44M
$424M
$1.5B
$35M
$3.1B
$519M
$-285M
$1.5B
$101M
$149M
$1.1B
$284M
$1.7B
$749M

KKR & Co. Inc. · KKR

$3.3B
$992M
$1.3B
$-1.8B
$125M
$20M
$260M
$1.1B
$2.4B
$1.6B
$1.1B
$993M
$1.4B
$1.4B
$684M
$1.4B
$1.8B
$2.3B
$278M

Northern Trust Corporation · NTRS

$396M
$406M
$389M
$396M
$395M
$156M
$335M
$332M
$328M
$113M
$215M
$896M
$465M
$455M
$392M
$421M
$458M
$466M
$526M

Raymond James Financial, Inc. · RJF

$429M
$446M
$323M
$301M
$439M
$509M
$427M
$369M
$434M
$498M
$476M
$492M
$602M
$600M
$495M
$436M
$604M
$563M
$544M

State Street Corporation · STT

$714M
$697M
$604M
$747M
$690M
$733M
$549M
$763M
$422M
$210M
$463M
$711M
$730M
$783M
$644M
$693M
$861M
$747M
$764M

T. Rowe Price Group, Inc. · TROW

$757M
$734M
$514M
$288M
$358M
$290M
$442M
$481M
$439M
$474M
$593M
$485M
$640M
$417M
$505M
$556M
$687M
$461M
$484M

Profit growth · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Ameriprise Financial, Inc. · AMP

3.9%
2.9%
-7.4%
-49%
45%
-18%
-42%
137%
-6.9%
-41%
184%
-41%
28%
78%
-5.9%
57%

Apollo Global Management, Inc. · APO

-88%
-235%
65%
20%
312%
256%
15%
57%
176%
-54%
-47%
-28%
39%
-30%
-250%

Ares Management Corporation · ARES

-80%
-123%
10%
47%
515%
45%
-1.5%
-17%
43%
-17%
-39%
-18%
92%
-43%
104%

BlackRock, Inc. · BLK

-38%
-22%
-20%
-14%
48%
17%
14%
39%
8.0%
6.0%
12%
-6.7%
8.3%
-9.7%
-26%
54%
23%

Blackstone Inc. · BX

-109%
-100%
-75%
-92%
-85%
656%
-21%
70%
1,119%
-24%
72%
-21%
49%
4.1%

Brookfield Asset Management Ltd. · BAM

57%
-21%
-30%
-29%
-30%
-27%
-13%
-28%
-11%
5.3%
28%
36%
13%
29%
-9.6%
16%

Brookfield Corporation · BN

-39%
-74%
-99%
-86%
2.5%
-95%
7,023%
22%
-119%
4,237%
-97%
-71%
-81%
1,564%
403%

KKR & Co. Inc. · KKR

-143%
-96%
-98%
-79%
1,806%
7,845%
321%
-12%
-40%
-13%
-37%
36%
28%
64%
-59%

Northern Trust Corporation · NTRS

7.6%
-0.3%
-62%
-14%
-16%
-17%
-28%
-36%
170%
42%
303%
82%
-53%
-1.5%
2.4%
34%

Raymond James Financial, Inc. · RJF

-2.0%
2.3%
14%
32%
23%
-1.1%
-2.2%
11%
33%
39%
20%
4.0%
-11%
0.3%
-6.2%
9.9%

State Street Corporation · STT

-2.1%
-3.4%
5.2%
-9.1%
2.1%
-39%
-71%
-16%
-6.8%
73%
273%
39%
-2.5%
18%
-4.6%
19%

T. Rowe Price Group, Inc. · TROW

-66%
-53%
-60%
-14%
67%
23%
63%
34%
0.8%
46%
-12%
-15%
15%
7.3%
11%
-4.2%
03 · compare level, then change

Funding Base & Its Composition

Northern Trust Corporation has the highest Deposits among the 29 Asset Management companies compared here, at $145,580 million. Ameriprise Financial, Inc. is next at $33,732 million. Brookfield Corporation has the highest Borrowings at $189,695 million, so level and change sit with different companies. 2 of 29 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Northern Trust Corporation leads deposits at $145,580 million; Brookfield Corporation leads borrowings at $189,695 million.

LeaderNorthern Trust Corporation · $145,580 million
Gap331.6% versus #2 · Ameriprise Financial, Inc.
Persistence8/8 recent comparable periods
Coverage2/29 companies · 40 observations

Investor read: Northern Trust Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.

For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.
Depositslargest deposit bases
1Northern Trust Corporation NTRS$145.6B
2Ameriprise Financial, Inc. AMP$33.7B
Borrowingslargest borrowings
1Brookfield Corporation BN$189.7B
2Raymond James Financial, Inc. RJF$66.6B
3KKR & Co. Inc. KKR$53.0B
4State Street Corporation STT$30.5B
5Ares Capital Corporation ARCC$15.8B
Funding base · company comparison
2/29 level · 26/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyDepositsBorrowingsReported
Northern Trust Corporation NTRS$145.6B$5.4BJun 2026
Ameriprise Financial, Inc. AMP$33.7B$6.3BJun 2026
BlackRock, Inc. BLK$15.0BJun 2026
Blackstone Inc. BX$14.0BJun 2026
Brookfield Corporation BN$189.7BMar 2026
KKR & Co. Inc. KKR$53.0BMar 2026
Brookfield Asset Management Ltd. BAM$2.9BMar 2026
Apollo Global Management, Inc. APO$14.2BMar 2026
State Street Corporation STT$30.5BJun 2026
Ares Management Corporation ARES$14.1BMar 2026
Raymond James Financial, Inc. RJF$66.6BJun 2026
T. Rowe Price Group, Inc. TROW$438MMar 2026
Franklin Resources, Inc. BEN$15.4BMar 2026
TPG Inc. TPG$3.0BMar 2026
The Carlyle Group Inc. CG$14.6BMar 2026
Blue Owl Capital Inc. OWL$4.4BMar 2026
Ares Capital Corporation ARCC$15.8BMar 2026
Pershing Square Inc. PS$56MMar 2026
Invesco Ltd. IVZ$10.5BMar 2026
SEI Investments Company SEIC$43MJun 2026
Affiliated Managers Group, Inc. AMG$2.9BMar 2026
Janus Henderson Group plc JHG$396MMar 2026
Victory Capital Holdings, Inc. VCTR$1.0BMar 2026
Blue Owl Capital Corporation OBDC$8.5BMar 2026
StepStone Group Inc. STEP$1.3BMar 2026
Blackstone Secured Lending Fund BXSL$8.0BMar 2026
Full 20-quarter history · every available company

Deposits · reported quarter history

Ameriprise Financial, Inc. · AMP

$18.7B
$20.2B
$22.0B
$24.3B
$28.1B
$30.8B
$33.9B
$35.6B
$36.1B
$37.3B
$37.0B
$36.2B
$36.3B
$35.8B
$35.6B
$34.6B
$33.6B
$33.8B
$33.3B
$33.7B

Northern Trust Corporation · NTRS

$141.9B
$159.9B
$149.6B
$133.7B
$128.5B
$123.9B
$113.7B
$113.2B
$110.2B
$116.2B
$123.9B
$123.0B
$121.2B
$122.5B
$131.0B
$137.1B
$135.8B
$142.8B
$139.7B
$145.6B

Borrowings · reported quarter history

Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Ameriprise Financial, Inc. · AMP

$5.0B
$5.0B
$4.5B
$4.9B
$5.2B
$5.2B
$5.9B
$5.8B
$5.8B
$5.6B
$5.5B
$5.8B
$5.7B
$5.3B
$6.0B
$5.8B
$5.7B
$5.7B
$5.6B
$6.3B

Apollo Global Management, Inc. · APO

$14.1B
$14.2B
$3.5B
$3.5B
$3.5B
$6.5B
$3.6B
$4.5B
$7.0B
$8.1B
$9.6B
$5.7B
$9.8B
$10.6B
$10.6B
$12.1B
$12.6B
$13.4B
$14.2B

Ares Management Corporation · ARES

$11.7B
$12.5B
$12.7B
$12.6B
$12.7B
$13.3B
$13.6B
$14.0B
$14.2B
$15.8B
$15.3B
$14.5B
$14.4B
$13.1B
$13.4B
$13.5B
$12.7B
$14.2B
$14.1B

BlackRock, Inc. · BLK

$8.4B
$9.3B
$9.3B
$8.5B
$8.4B
$8.5B
$8.5B
$9.7B
$9.7B
$9.7B
$11.6B
$11.7B
$14.2B
$14.2B
$14.3B
$14.7B
$15.0B
$15.0B
$15.0B

Blackstone Inc. · BX

$8.4B
$8.7B
$10.0B
$10.5B
$10.6B
$13.4B
$13.3B
$13.3B
$13.1B
$12.3B
$11.7B
$11.8B
$11.9B
$12.3B
$13.4B
$12.9B
$12.9B
$13.3B
$14.2B
$14.0B

Brookfield Asset Management Ltd. · BAM

$461M
$461M
$1.3B
$1.3B
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$251M
$639M
$1.3B
$1.9B
$2.9B
$2.9B

Brookfield Corporation · BN

$166.5B
$175.9B
$185.0B
$199.6B
$204.5B
$214.1B
$222.8B
$219.7B
$226.6B
$233.7B
$235.6B
$242.5B
$247.1B
$234.8B
$245.9B
$250.6B
$186.2B
$259.6B
$189.7B

KKR & Co. Inc. · KKR

$41.2B
$38.6B
$38.1B
$39.2B
$40.2B
$42.7B
$44.7B
$46.1B
$46.0B
$47.5B
$48.1B
$49.1B
$49.5B
$49.6B
$49.6B
$51.2B
$53.1B
$52.9B
$53.0B

Northern Trust Corporation · NTRS

$4.0B
$3.7B
$3.5B
$4.4B
$3.8B
$4.8B
$4.8B
$4.8B
$6.8B
$6.8B
$6.8B
$6.8B
$6.9B
$6.9B
$6.9B
$6.9B
$6.9B
$6.8B
$6.2B
$5.4B

Raymond James Financial, Inc. · RJF

$35.4B
$37.0B
$37.6B
$53.3B
$54.7B
$54.0B
$55.9B
$56.9B
$57.3B
$58.5B
$58.2B
$57.5B
$59.1B
$58.9B
$59.3B
$60.1B
$63.4B
$64.4B
$66.6B

State Street Corporation · STT

$14.2B
$15.2B
$18.2B
$14.6B
$18.4B
$18.3B
$20.0B
$21.5B
$21.7B
$24.4B
$34.9B
$36.0B
$33.0B
$36.8B
$40.2B
$38.1B
$34.7B
$29.8B
$30.2B
$30.5B

T. Rowe Price Group, Inc. · TROW

$142M
$249M
$212M
$205M
$320M
$330M
$324M
$323M
$309M
$309M
$302M
$299M
$288M
$279M
$472M
$475M
$455M
$447M
$438M
04 · compare level, then change

Return On Assets

StepStone Group Inc. has the highest ROA among the 29 Asset Management companies compared here, at 6.9%. Franklin Resources, Inc. is next at 6.7%. The same company also holds the highest ROA change, at +7.1 percentage points. 24 of 29 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: StepStone Group Inc. leads both roa at 6.9% and roa change at +7.1 percentage points.

LeaderStepStone Group Inc. · 6.9%
Gap3% versus #2 · Franklin Resources, Inc.
Persistence2/8 recent comparable periods
Coverage24/29 companies · 449 observations

Investor read: StepStone Group Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roa change signal.

ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.
ROAhighest
1StepStone Group Inc. STEP6.9%
2Franklin Resources, Inc. BEN6.7%
3SEI Investments Company SEIC5.2%
4Blackstone Inc. BX5.0%
5T. Rowe Price Group, Inc. TROW3.7%
ROA changefastest improvers
1StepStone Group Inc. STEP+7.1 pp
2Pershing Square Inc. PS+5.6 pp
3BlackRock, Inc. BLK+1.6 pp
4Blackstone Inc. BX+1.2 pp
5Raymond James Financial, Inc. RJF+0.9 pp
Return on assets · company comparison
24/29 level · 24/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROAROA changeReported
StepStone Group Inc. STEP6.9%+7.1 ppMar 2026
Franklin Resources, Inc. BEN6.7%+0.4 ppMar 2026
SEI Investments Company SEIC5.2%+0.7 ppJun 2026
Blackstone Inc. BX5.0%+1.2 ppJun 2026
T. Rowe Price Group, Inc. TROW3.7%+0.3 ppMar 2026
Victory Capital Holdings, Inc. VCTR3.6%+0.8 ppMar 2026
Brookfield Asset Management Ltd. BAM3.3%−0.3 ppMar 2026
BlackRock, Inc. BLK2.5%+1.6 ppJun 2026
Raymond James Financial, Inc. RJF1.4%+0.9 ppJun 2026
Janus Henderson Group plc JHG1.2%−0.6 ppMar 2026
Pershing Square Inc. PS1.0%+5.6 ppMar 2026
Invesco Ltd. IVZ0.9%+0.1 ppMar 2026
Brookfield Corporation BN0.7%+0.5 ppMar 2026
Ares Management Corporation ARES0.7%+0.4 ppMar 2026
Blue Owl Capital Inc. OWL0.7%0.0 ppMar 2026
Affiliated Managers Group, Inc. AMG0.7%0.0 ppMar 2026
State Street Corporation STT0.3%+0.1 ppJun 2026
The Carlyle Group Inc. CG0.3%−1.0 ppMar 2026
Equitable Holdings, Inc. EQH0.3%+0.2 ppMar 2026
KKR & Co. Inc. KKR0.1%+0.3 ppMar 2026
Principal Financial Group, Inc. PFG0.1%+0.1 ppMar 2026
Corebridge Financial, Inc. CRBG0.0%+0.1 ppMar 2026
Apollo Global Management, Inc. APO-0.5%−0.8 ppMar 2026
TPG Inc. TPG-0.8%−1.8 ppMar 2026
Full 20-quarter history · every available company

ROA · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Apollo Global Management, Inc. · APO

1.7%
-1.7%
1.9%
0.1%
-4.5%
0.7%
12%
5.5%
0.4%
0.7%
1.0%
0.7%
0.5%
0.5%
0.3%
0.3%
0.6%
0.4%
-0.5%

Ares Management Corporation · ARES

0.7%
1.2%
0.5%
0.2%
-0.4%
1.0%
0.7%
1.0%
0.4%
1.1%
0.6%
0.8%
1.0%
1.0%
0.3%
0.7%
1.1%
0.9%
0.7%

BlackRock, Inc. · BLK

0.9%
1.0%
0.9%
0.8%
0.9%
0.8%
0.8%
1.0%
1.2%
1.0%
1.2%
1.1%
1.2%
1.3%
1.1%
0.9%
1.0%
0.8%
1.5%
2.5%

Blackstone Inc. · BX

9.9%
8.6%
6.9%
-0.1%
0.0%
2.2%
0.6%
2.9%
2.6%
0.8%
4.2%
2.4%
3.9%
3.5%
3.0%
3.8%
2.8%
4.3%
2.8%
5.0%

Brookfield Asset Management Ltd. · BAM

1.9%
1.9%
2.3%
4.2%
2.1%
3.3%
2.4%
2.4%
3.8%
4.1%
2.6%
3.3%
3.9%
3.9%
3.6%
3.3%
4.6%
4.1%
3.3%

Brookfield Corporation · BN

1.2%
1.4%
1.3%
1.0%
0.6%
0.3%
0.6%
1.0%
0.1%
1.5%
0.7%
-13%
1.1%
0.2%
0.2%
1.0%
0.4%
1.1%
0.7%

Franklin Resources, Inc. · BEN

9.3%
9.4%
8.5%
7.8%
7.2%
7.1%
6.9%
6.7%
6.7%
6.6%
6.7%
6.5%
6.9%
7.0%
6.3%
6.1%
7.0%
6.9%
6.7%

KKR & Co. Inc. · KKR

0.7%
0.4%
-0.1%
-0.1%
0.0%
0.0%
0.1%
0.2%
0.3%
0.1%
0.1%
0.1%
0.0%
0.1%
-0.2%
0.1%
0.1%
0.1%
0.1%

Principal Financial Group, Inc. · PFG

0.1%
0.2%
0.1%
1.1%
0.5%
0.0%
0.0%
0.1%
0.4%
-0.3%
0.2%
0.1%
-0.1%
0.3%
0.0%
0.1%
0.1%
0.2%
0.1%

Raymond James Financial, Inc. · RJF

0.8%
0.7%
0.5%
0.4%
0.6%
0.7%
0.6%
0.5%
0.6%
0.6%
0.6%
0.6%
0.8%
0.7%
0.6%
0.5%
0.7%
0.7%
0.6%
1.4%

State Street Corporation · STT

0.2%
0.2%
0.2%
0.2%
0.2%
0.2%
0.2%
0.3%
0.1%
0.1%
0.1%
0.2%
0.2%
0.3%
0.2%
0.2%
0.2%
0.2%
0.2%
0.3%

T. Rowe Price Group, Inc. · TROW

7.1%
6.0%
5.8%
4.3%
3.6%
1.6%
2.8%
3.3%
3.6%
2.4%
3.6%
3.3%
3.6%
3.2%
3.4%
2.7%
3.5%
2.5%
3.7%

ROA change · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Apollo Global Management, Inc. · APO

−6.2 pp
+2.4 pp
+9.9 pp
+5.4 pp
+4.9 pp
0.0 pp
−10.8 pp
−4.8 pp
+0.1 pp
−0.2 pp
−0.7 pp
−0.4 pp
+0.1 pp
−0.1 pp
−0.8 pp

Ares Management Corporation · ARES

−1.1 pp
−0.2 pp
+0.2 pp
+0.8 pp
+0.8 pp
+0.1 pp
−0.1 pp
−0.2 pp
+0.6 pp
−0.1 pp
−0.3 pp
−0.1 pp
+0.1 pp
−0.1 pp
+0.4 pp

BlackRock, Inc. · BLK

0.0 pp
−0.2 pp
−0.1 pp
+0.2 pp
+0.3 pp
+0.2 pp
+0.4 pp
+0.1 pp
0.0 pp
+0.3 pp
−0.1 pp
−0.2 pp
−0.2 pp
−0.5 pp
+0.4 pp
+1.6 pp

Blackstone Inc. · BX

−9.9 pp
−6.4 pp
−6.3 pp
+3.0 pp
+2.6 pp
−1.4 pp
+3.6 pp
−0.5 pp
+1.3 pp
+2.7 pp
−1.2 pp
+1.4 pp
−1.1 pp
+0.8 pp
−0.2 pp
+1.2 pp

Brookfield Asset Management Ltd. · BAM

+0.2 pp
+1.4 pp
+0.1 pp
−1.8 pp
+1.7 pp
+0.8 pp
+0.2 pp
+0.9 pp
+0.1 pp
−0.2 pp
+1.0 pp
0.0 pp
+0.7 pp
+0.2 pp
−0.3 pp

Brookfield Corporation · BN

−0.6 pp
−1.1 pp
−0.7 pp
0.0 pp
−0.5 pp
+1.2 pp
+0.1 pp
−14.1 pp
+1.0 pp
−1.3 pp
−0.5 pp
+14.1 pp
−0.7 pp
+0.9 pp
+0.5 pp

Franklin Resources, Inc. · BEN

−2.1 pp
−2.3 pp
−1.6 pp
−1.1 pp
−0.5 pp
−0.5 pp
−0.2 pp
−0.2 pp
+0.2 pp
+0.4 pp
−0.4 pp
−0.4 pp
+0.1 pp
−0.1 pp
+0.4 pp

KKR & Co. Inc. · KKR

−0.7 pp
−0.4 pp
+0.2 pp
+0.3 pp
+0.3 pp
+0.1 pp
0.0 pp
−0.1 pp
−0.3 pp
0.0 pp
−0.3 pp
0.0 pp
+0.1 pp
0.0 pp
+0.3 pp

Principal Financial Group, Inc. · PFG

+0.4 pp
−0.2 pp
−0.1 pp
−1.0 pp
−0.1 pp
−0.3 pp
+0.2 pp
0.0 pp
−0.5 pp
+0.6 pp
−0.2 pp
0.0 pp
+0.2 pp
−0.1 pp
+0.1 pp

Raymond James Financial, Inc. · RJF

−0.2 pp
0.0 pp
+0.1 pp
+0.1 pp
0.0 pp
−0.1 pp
0.0 pp
+0.1 pp
+0.2 pp
+0.1 pp
0.0 pp
−0.1 pp
−0.1 pp
0.0 pp
0.0 pp
+0.9 pp

State Street Corporation · STT

0.0 pp
0.0 pp
0.0 pp
+0.1 pp
−0.1 pp
−0.1 pp
−0.1 pp
−0.1 pp
+0.1 pp
+0.2 pp
+0.1 pp
0.0 pp
0.0 pp
−0.1 pp
0.0 pp
+0.1 pp

T. Rowe Price Group, Inc. · TROW

−3.5 pp
−4.4 pp
−3.0 pp
−1.0 pp
0.0 pp
+0.8 pp
+0.8 pp
0.0 pp
0.0 pp
+0.8 pp
−0.2 pp
−0.6 pp
−0.1 pp
−0.7 pp
+0.3 pp
05 · compare level, then change

ROE — Leaders & Improvers

Equitable Holdings, Inc. has the highest ROE among the 29 Asset Management companies compared here, at 24.1%. Ameriprise Financial, Inc. is next at 17.9%. The same company also holds the highest ROE change, at +20.3 percentage points. 29 of 29 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Equitable Holdings, Inc. leads both roe at 24.1% and roe change at +20.3 percentage points.

LeaderEquitable Holdings, Inc. · 24.1%
Gap34.6% versus #2 · Ameriprise Financial, Inc.
Persistence2/8 recent comparable periods
Coverage29/29 companies · 546 observations

Investor read: Equitable Holdings, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roe change signal.

ROE shows the return to shareholders, but should be read with asset quality and leverage.
ROEhighest
1Equitable Holdings, Inc. EQH24%
2Ameriprise Financial, Inc. AMP18%
3Blackstone Inc. BX11%
4Raymond James Financial, Inc. RJF9.7%
5BlackRock, Inc. BLK7.9%
ROE changefastest improvers
1Equitable Holdings, Inc. EQH+20.3 pp
2Pershing Square Inc. PS+6.6 pp
3Raymond James Financial, Inc. RJF+6.0 pp
4Principal Financial Group, Inc. PFG+5.3 pp
5Corebridge Financial, Inc. CRBG+4.7 pp
Return on equity · company comparison
29/29 level · 29/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROEROE changeReported
Equitable Holdings, Inc. EQH24%+20.3 ppMar 2026
Ameriprise Financial, Inc. AMP18%−1.2 ppJun 2026
Blackstone Inc. BX11%+2.6 ppJun 2026
Raymond James Financial, Inc. RJF9.7%+6.0 ppJun 2026
BlackRock, Inc. BLK7.9%+4.4 ppJun 2026
SEI Investments Company SEIC7.7%−2.2 ppJun 2026
Victory Capital Holdings, Inc. VCTR6.4%+0.8 ppMar 2026
Principal Financial Group, Inc. PFG6.3%+5.3 ppMar 2026
Northern Trust Corporation NTRS6.0%+2.7 ppJun 2026
Brookfield Asset Management Ltd. BAM5.3%+0.7 ppMar 2026
T. Rowe Price Group, Inc. TROW4.5%−0.4 ppMar 2026
State Street Corporation STT3.9%+1.2 ppJun 2026
Affiliated Managers Group, Inc. AMG3.7%+1.6 ppMar 2026
Blackstone Secured Lending Fund BXSL3.4%−2.6 ppMar 2026
Ares Management Corporation ARES2.9%+1.1 ppMar 2026
Franklin Resources, Inc. BEN2.3%+2.2 ppMar 2026
Janus Henderson Group plc JHG1.9%−0.4 ppMar 2026
Invesco Ltd. IVZ1.5%−0.2 ppMar 2026
Blue Owl Capital Inc. OWL1.3%+0.7 ppMar 2026
Ares Capital Corporation ARCC0.7%−1.2 ppMar 2026
Brookfield Corporation BN0.5%+0.4 ppMar 2026
Blue Owl Capital Corporation OBDC0.5%−3.9 ppMar 2026
StepStone Group Inc. STEP0.5%−0.2 ppMar 2026
KKR & Co. Inc. KKR0.4%−0.7 ppMar 2026
Corebridge Financial, Inc. CRBG-0.5%+4.7 ppMar 2026
The Carlyle Group Inc. CG-2.1%−4.7 ppMar 2026
TPG Inc. TPG-3.4%−6.0 ppMar 2026
Apollo Global Management, Inc. APO-3.9%−7.1 ppMar 2026
Pershing Square Inc. PS-36%+6.6 ppMar 2026
Full 20-quarter history · every available company

ROE · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Ameriprise Financial, Inc. · AMP

18%
12%
16%
12%
24%
13%
9.1%
21%
25%
8.8%
22%
18%
11%
22%
11%
19%
15%
17%
16%
18%

Apollo Global Management, Inc. · APO

8.8%
6.7%
19%
2.6%
-12%
7.4%
34%
18%
5.8%
18%
11%
7.2%
7.1%
5.9%
3.2%
2.7%
6.9%
3.2%
-3.9%

Ares Management Corporation · ARES

6.1%
7.1%
3.4%
1.2%
-1.1%
6.8%
5.1%
6.8%
4.1%
9.6%
4.2%
5.1%
5.1%
5.6%
1.8%
3.1%
7.4%
2.5%
2.9%

BlackRock, Inc. · BLK

4.7%
4.3%
3.6%
2.5%
3.6%
3.4%
3.0%
3.6%
4.1%
3.7%
4.0%
3.7%
4.0%
3.7%
3.3%
3.5%
2.9%
2.2%
4.1%
7.9%

Blackstone Inc. · BX

19%
16%
13%
-1.3%
0.0%
3.6%
1.0%
6.0%
4.8%
0.6%
8.6%
5.0%
8.2%
7.1%
6.3%
8.2%
6.1%
9.5%
6.1%
11%

Brookfield Asset Management Ltd. · BAM

6.6%
6.6%
11%
13%
5.4%
4.7%
4.2%
4.8%
4.5%
4.6%
3.3%
4.6%
4.8%
6.0%
4.6%
5.3%
6.3%
5.7%
5.3%

Brookfield Corporation · BN

2.3%
2.7%
2.3%
1.1%
0.6%
0.0%
0.3%
1.0%
0.0%
2.0%
0.3%
-0.2%
0.9%
0.1%
0.1%
0.6%
0.2%
1.0%
0.5%

KKR & Co. Inc. · KKR

7.2%
2.0%
2.4%
-3.4%
0.2%
0.0%
0.5%
2.0%
4.2%
2.8%
1.9%
1.7%
2.3%
2.3%
1.1%
2.1%
2.7%
3.2%
0.4%

Northern Trust Corporation · NTRS

3.4%
3.4%
3.4%
3.5%
3.4%
1.3%
2.9%
2.9%
2.9%
1.0%
1.8%
7.4%
3.8%
3.7%
3.1%
3.3%
3.6%
3.6%
4.1%
6.0%

Raymond James Financial, Inc. · RJF

5.5%
5.5%
4.0%
3.5%
5.0%
5.5%
4.6%
3.8%
4.4%
4.8%
4.5%
4.7%
5.5%
5.3%
4.3%
3.7%
5.0%
4.6%
4.4%
9.7%

State Street Corporation · STT

2.7%
2.6%
2.4%
2.9%
2.6%
2.8%
2.2%
3.1%
1.7%
0.9%
1.9%
2.9%
3.0%
3.2%
2.5%
2.7%
3.2%
2.9%
2.8%
3.9%

T. Rowe Price Group, Inc. · TROW

9.8%
8.6%
5.9%
3.4%
4.1%
3.2%
4.8%
5.2%
4.7%
5.1%
6.2%
5.0%
6.4%
4.1%
4.9%
5.3%
6.4%
4.3%
4.5%

ROE change · reported quarter history

Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Ameriprise Financial, Inc. · AMP

+6.2 pp
+1.4 pp
−6.6 pp
+8.9 pp
+0.9 pp
−4.5 pp
+12.8 pp
−2.9 pp
−13.9 pp
+12.7 pp
−10.6 pp
+0.8 pp
+4.3 pp
−4.4 pp
+4.4 pp
−1.2 pp

Apollo Global Management, Inc. · APO

−20.6 pp
+0.7 pp
+14.5 pp
+15.2 pp
+17.6 pp
+10.2 pp
−22.3 pp
−10.6 pp
+1.3 pp
−11.7 pp
−8.0 pp
−4.5 pp
−0.2 pp
−2.7 pp
−7.1 pp

Ares Management Corporation · ARES

−7.2 pp
−0.3 pp
+1.7 pp
+5.6 pp
+5.2 pp
+2.8 pp
−0.9 pp
−1.7 pp
+1.0 pp
−4.0 pp
−2.4 pp
−2.0 pp
+2.3 pp
−3.1 pp
+1.1 pp

BlackRock, Inc. · BLK

−1.1 pp
−0.9 pp
−0.6 pp
+1.1 pp
+0.5 pp
+0.3 pp
+1.0 pp
+0.1 pp
−0.1 pp
0.0 pp
−0.7 pp
−0.2 pp
−1.1 pp
−1.5 pp
+0.8 pp
+4.4 pp

Blackstone Inc. · BX

−18.7 pp
−12.6 pp
−11.8 pp
+7.3 pp
+4.8 pp
−3.0 pp
+7.6 pp
−1.0 pp
+3.4 pp
+6.5 pp
−2.3 pp
+3.2 pp
−2.1 pp
+2.4 pp
−0.2 pp
+2.6 pp

Brookfield Asset Management Ltd. · BAM

−1.2 pp
−1.9 pp
−7.0 pp
−8.2 pp
−0.9 pp
−0.1 pp
−0.9 pp
−0.2 pp
+0.3 pp
+1.4 pp
+1.3 pp
+0.7 pp
+1.5 pp
−0.3 pp
+0.7 pp

Brookfield Corporation · BN

−1.7 pp
−2.7 pp
−2.0 pp
−0.1 pp
−0.6 pp
+2.0 pp
0.0 pp
−1.2 pp
+0.9 pp
−1.9 pp
−0.2 pp
+0.8 pp
−0.7 pp
+0.9 pp
+0.4 pp

KKR & Co. Inc. · KKR

−7.0 pp
−2.0 pp
−1.9 pp
+5.4 pp
+4.0 pp
+2.8 pp
+1.4 pp
−0.3 pp
−1.9 pp
−0.5 pp
−0.8 pp
+0.4 pp
+0.4 pp
+0.9 pp
−0.7 pp

Northern Trust Corporation · NTRS

0.0 pp
−2.1 pp
−0.5 pp
−0.6 pp
−0.5 pp
−0.3 pp
−1.1 pp
+4.5 pp
+0.9 pp
+2.7 pp
+1.3 pp
−4.1 pp
−0.2 pp
−0.1 pp
+1.0 pp
+2.7 pp

Raymond James Financial, Inc. · RJF

−0.5 pp
0.0 pp
+0.6 pp
+0.3 pp
−0.6 pp
−0.7 pp
−0.1 pp
+0.9 pp
+1.1 pp
+0.5 pp
−0.2 pp
−1.0 pp
−0.5 pp
−0.7 pp
+0.1 pp
+6.0 pp

State Street Corporation · STT

−0.1 pp
+0.2 pp
−0.2 pp
+0.2 pp
−0.9 pp
−1.9 pp
−0.3 pp
−0.2 pp
+1.3 pp
+2.3 pp
+0.6 pp
−0.2 pp
+0.2 pp
−0.3 pp
+0.3 pp
+1.2 pp

T. Rowe Price Group, Inc. · TROW

−5.7 pp
−5.4 pp
−1.1 pp
+1.8 pp
+0.6 pp
+1.9 pp
+1.4 pp
−0.2 pp
+1.7 pp
−1.0 pp
−1.3 pp
+0.3 pp
0.0 pp
+0.2 pp
−0.4 pp
06 · not available

Gross NPA — Leaders & Improvers

No company in this Asset Management comparison reports gross NPA on a comparable basis, so there is nothing to rank here — 0 of 29 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Jun 2026.

Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.
07 · compare level, then change

Valuation Against Growth & Quality

Franklin Resources, Inc. has the lowest P/BV ÷ ROE among the 29 Asset Management companies compared here, at 0.15×. Raymond James Financial, Inc. is next at 0.23×. StepStone Group Inc. has the lowest P/BV at -9.31×, so level and change sit with different companies. 23 of 29 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Franklin Resources, Inc. has the lowest comparable P/BV ÷ ROE at 0.15×, 34.8% below Raymond James Financial, Inc.. Only 23 of 29 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderFranklin Resources, Inc. · 0.15×
Gap34.8% versus #2 · Raymond James Financial, Inc.
Persistence0/8 recent comparable periods
Coverage23/29 companies · 469 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Banks are compared on P/BV and P/BV÷ROE, not PEG. Lower is better only if asset quality and return durability hold; cheap book value with weakening NPAs is not automatically attractive.
P/BV ÷ ROElowest return-adjusted price
1Franklin Resources, Inc. BEN0.2
2Raymond James Financial, Inc. RJF0.2
3Principal Financial Group, Inc. PFG0.3
4Blackstone Secured Lending Fund BXSL0.3
5BlackRock, Inc. BLK0.3
P/BVlowest P/BV
1StepStone Group Inc. STEP-9.3
2Franklin Resources, Inc. BEN0.3
3Blue Owl Capital Corporation OBDC0.8
4Invesco Ltd. IVZ0.9
5Blackstone Secured Lending Fund BXSL0.9
Valuation · company comparison
23/29 level · 28/29 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyP/BV ÷ ROEP/BVReported
StepStone Group Inc. STEP31.9-9.3Mar 2026
KKR & Co. Inc. KKR6.82.7Mar 2026
Brookfield Corporation BN5.93.0Mar 2026
Blue Owl Capital Inc. OWL2.32.9Mar 2026
Ares Management Corporation ARES2.16.1Mar 2026
Brookfield Asset Management Ltd. BAM1.89.4Mar 2026
Equitable Holdings, Inc. EQH1.638.3Mar 2026
Blue Owl Capital Corporation OBDC1.50.8Mar 2026
Ares Capital Corporation ARCC1.30.9Mar 2026
TPG Inc. TPG1.15.7Mar 2026
Apollo Global Management, Inc. APO1.13.2Mar 2026
Blackstone Inc. BX0.99.7Jun 2026
Janus Henderson Group plc JHG0.81.5Mar 2026
The Carlyle Group Inc. CG0.73.2Mar 2026
BlackRock, Inc. BLK0.62.6Jun 2026
Affiliated Managers Group, Inc. AMG0.62.4Mar 2026
Invesco Ltd. IVZ0.60.9Mar 2026
SEI Investments Company SEIC0.64.2Jun 2026
Raymond James Financial, Inc. RJF0.52.2Jun 2026
Northern Trust Corporation NTRS0.52.0Jun 2026
State Street Corporation STT0.41.7Jun 2026
T. Rowe Price Group, Inc. TROW0.41.8Mar 2026
Ameriprise Financial, Inc. AMP0.46.5Jun 2026
Victory Capital Holdings, Inc. VCTR0.42.3Mar 2026
Blackstone Secured Lending Fund BXSL0.30.9Mar 2026
Principal Financial Group, Inc. PFG0.31.7Mar 2026
Corebridge Financial, Inc. CRBG0.21.0Mar 2026
Franklin Resources, Inc. BEN0.20.3Mar 2026
Full 20-quarter history · every available company

P/BV ÷ ROE · reported quarter history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Ameriprise Financial, Inc. · AMP

0.3
0.5
0.4
0.5
0.4
0.7
0.9
0.4
0.4
0.9
0.4
0.5
0.8
0.5
0.8
0.4
0.5
0.4
0.4
0.4

Apollo Global Management, Inc. · APO

0.7
0.7
1.2
5.5
0.7
0.6
1.2
1.0
0.2
0.4
0.6
0.6
0.9
1.4
1.6
0.5
1.1

Ares Management Corporation · ARES

1.2
1.1
2.5
5.1
1.1
1.8
1.5
2.7
1.3
3.5
2.6
3.0
1.8
4.0
2.8
1.1
3.4
2.1

BlackRock, Inc. · BLK

0.7
0.9
0.9
1.0
0.6
0.8
0.9
0.8
0.6
0.8
0.8
0.8
0.9
0.9
0.9
0.9
1.1
1.4
0.6

Blackstone Inc. · BX

0.5
0.6
0.7
1.9
8.8
1.5
2.3
23.0
1.6
2.6
2.0
2.2
2.1
1.6
2.5
1.4
1.7
0.9

Brookfield Asset Management Ltd. · BAM

1.0
1.3
1.2
1.3
1.5
2.4
1.5
1.8
1.7
2.0
2.0
1.7
1.8
1.8

Brookfield Corporation · BN

0.8
0.7
0.7
1.2
2.2
4.2
1.3
0.7
5.2
2.1
20.7
19.1
3.6
16.8
2.4
5.9

KKR & Co. Inc. · KKR

0.3
1.3
0.9
10.6
4.6
1.2
0.6
1.2
2.2
2.5
2.1
2.4
3.4
2.0
1.4
1.2
6.8

Northern Trust Corporation · NTRS

0.6
0.6
0.6
0.5
0.5
1.3
0.6
0.5
0.4
1.5
0.8
0.2
0.4
0.4
0.5
0.6
0.6
0.5
0.5

Raymond James Financial, Inc. · RJF

0.4
0.4
0.7
0.6
0.5
0.4
0.4
0.6
0.5
0.5
0.5
0.5
0.4
0.5
0.5
0.7
0.6
0.6
0.5

State Street Corporation · STT

0.4
0.5
0.5
0.3
0.3
0.4
0.5
0.3
0.5
1.1
0.5
0.3
0.3
0.4
0.4
0.4
0.4
0.5
0.5
0.4

T. Rowe Price Group, Inc. · TROW

0.6
0.6
0.6
0.8
0.6
0.9
0.6
0.5
0.5
0.5
0.5
0.5
0.4
0.6
0.4
0.4
0.3
0.5
0.4

P/BV · reported quarter history

Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Ameriprise Financial, Inc. · AMP

5.2
5.6
6.6
6.0
8.3
8.6
7.7
8.4
8.7
8.1
9.0
8.4
8.0
9.8
8.5
8.3
7.1
6.8
6.4
6.5

Apollo Global Management, Inc. · APO

5.7
4.8
23.2
14.4
14.9
5.5
20.1
22.1
6.0
3.8
4.3
4.4
4.0
5.4
4.4
4.2
3.3
3.6
3.2

Ares Management Corporation · ARES

7.2
7.7
8.4
6.1
7.2
7.6
9.1
10.2
11.2
12.0
14.6
13.3
15.2
10.2
7.2
8.7
7.9
8.4
6.1

BlackRock, Inc. · BLK

3.5
3.7
3.1
2.5
2.2
2.8
2.7
2.7
2.5
3.1
3.1
2.9
3.4
3.3
3.1
3.3
3.3
3.0
2.6

Blackstone Inc. · BX

8.9
9.7
9.3
7.5
7.8
6.9
8.8
9.2
10.8
13.8
13.6
13.1
16.0
15.4
12.9
13.1
15.0
13.3
10.3
9.7

Brookfield Asset Management Ltd. · BAM

4.9
5.6
5.8
5.9
7.0
7.8
7.1
8.8
10.0
9.2
10.6
10.8
10.4
9.4

Brookfield Corporation · BN

1.8
1.8
1.7
1.4
1.3
1.3
1.3
1.3
1.2
1.5
1.6
1.5
1.9
2.1
1.9
2.2
3.4
2.4
3.0

KKR & Co. Inc. · KKR

2.1
2.5
2.2
2.1
2.1
2.1
2.3
2.4
2.7
3.2
4.2
4.3
4.8
5.6
3.7
4.2
3.9
3.7
2.7

Northern Trust Corporation · NTRS

1.9
2.1
2.1
1.8
1.6
1.6
1.6
1.3
1.2
1.5
1.5
1.3
1.4
1.6
1.5
1.9
2.0
2.0
2.0

Raymond James Financial, Inc. · RJF

2.3
2.4
2.7
2.0
2.3
2.3
2.0
2.2
2.1
2.2
2.4
2.3
2.1
2.7
2.3
2.5
2.7
2.5
2.2

State Street Corporation · STT

1.1
1.2
1.2
0.9
0.9
1.1
1.0
1.0
0.9
1.0
1.0
0.9
1.0
1.1
1.0
1.1
1.2
1.3
1.3
1.7

T. Rowe Price Group, Inc. · TROW

5.4
5.0
3.8
2.9
2.6
2.8
2.8
2.7
2.5
2.5
2.8
2.6
2.4
2.4
2.0
2.0
2.1
2.1
1.8
08 · let price answer last

Market action

Affiliated Managers Group, Inc. has the strongest one-year price move in Asset Management at +78.8%. Victory Capital Holdings, Inc. leads on Mansfield relative strength against the S&P 500 at +28.5%. 14 of 28 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Asset Management comparison names 6 specific ways its own evidence can mislead, all listed below. All 29 companies here report on comparable dates, so no rank carries a stale marker. 2 of the 7 ranked sections have fewer than three usable current readings. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
  • Thin comparisons: Funding base, Asset quality have fewer than three usable current readings.
09 · the complete set

Which companies are included?

All 29 companies in the canonical Asset Management membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. 1 of these is no longer being priced, so its price and relative strength are frozen at the last traded week shown.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentals
BlackRock, Inc. BLK$178.5B$1,0982026-07-28Jun 2026
Blackstone Inc. BX$166.5B$1342026-07-28Jun 2026
Brookfield Corporation BNLAGGING, FUNDAMENTALS UP$97.0B$42.42026-07-28Mar 2026
KKR & Co. Inc. KKRLAGGING, FUNDAMENTALS UP$92.2B$1032026-07-28Mar 2026
Brookfield Asset Management Ltd. BAM$76.9B$48.12026-07-28Mar 2026
Apollo Global Management, Inc. APO$71.9B$1252026-07-28Mar 2026
State Street Corporation STTAHEAD23/26 WEEKS$50.2B$1832026-07-28Jun 2026
Ameriprise Financial, Inc. AMPAHEAD$48.3B$5472026-07-28Jun 2026
Ares Management Corporation ARESLAGGING, FUNDAMENTALS UP$42.2B$1282026-07-28Mar 2026
Raymond James Financial, Inc. RJFAHEAD$34.0B$1772026-07-28Jun 2026
Northern Trust Corporation NTRSAHEAD25/26 WEEKS$33.1B$1812026-07-28Jun 2026
T. Rowe Price Group, Inc. TROWAHEAD$26.1B$1222026-07-28Mar 2026
Principal Financial Group, Inc. PFGAHEAD23/26 WEEKS$24.5B$1142026-07-28Mar 2026
Franklin Resources, Inc. BENAHEAD25/26 WEEKS$17.3B$33.32026-07-28Mar 2026
TPG Inc. TPG$16.8B$43.82026-07-28Mar 2026
The Carlyle Group Inc. CG$16.7B$46.52026-07-28Mar 2026
Blue Owl Capital Inc. OWL$15.3B$9.82026-07-28Mar 2026
Corebridge Financial, Inc. CRBGAHEAD$14.4B$32.32026-07-28Mar 2026
Equitable Holdings, Inc. EQHAHEAD$13.9B$49.42026-07-28Mar 2026
Ares Capital Corporation ARCC$13.7B$19.02026-07-28Mar 2026
Pershing Square Inc. PS$13.5B$33.92026-07-28Mar 2026
Invesco Ltd. IVZAHEAD$13.0B$29.42026-07-28Mar 2026
SEI Investments Company SEICAHEAD$12.4B$1032026-07-28Jun 2026
Affiliated Managers Group, Inc. AMGAHEAD$9.8B$3702026-07-28Mar 2026
Janus Henderson Group plc JHG$8.0B$52.02026-07-02 · not currently pricedMar 2026
Victory Capital Holdings, Inc. VCTRAHEAD26/26 WEEKS$6.3B$1002026-07-28Mar 2026
Blue Owl Capital Corporation OBDC$5.5B$11.02026-07-28Mar 2026
StepStone Group Inc. STEP$5.4B$44.62026-07-28Mar 2026
Blackstone Secured Lending Fund BXSL$5.4B$23.32026-07-28Mar 2026
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 29 Asset Management companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-28. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-28 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Questions investors ask · short, speakable answers

Asset Management company comparison FAQs

These 16 answers restate the Asset Management comparison above in question form. Every one is computed from the same 29 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-28. Nothing here is estimated, and none of it is a recommendation.

Which Asset Management company is the biggest?

Brookfield Corporation is the largest, with trailing-twelve-month income of $70,520 million, ahead of Apollo Global Management, Inc. at $31,560 million. That covers 23 of 29 companies with comparable reporting through Mar 2026.

Which Asset Management company is growing fastest?

StepStone Group Inc. has the fastest income growth at 69.7% year on year, across 23 of 29 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Asset Management company makes the most profit?

BlackRock, Inc. earns the most, at $7,130 million of trailing-twelve-month net profit, from 23 of 29 comparable companies. Brookfield Corporation has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Asset Management company earns the highest return on capital?

StepStone Group Inc. leads on return on assets at 6.9%, across 24 of 29 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Asset Management stock is the cheapest?

On price-to-book divided by return on equity — where a LOWER number is cheaper — Franklin Resources, Inc. screens cheapest at 0.15×. Only 23 of 29 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Asset Management lender has the largest funding base?

Northern Trust Corporation has the largest reported deposit base at $145,580 million. For lenders, deposits and borrowings are operating inputs rather than leverage, so they are read against asset quality and returns instead of as debt.

Is the Asset Management sector beating the market?

Asset Management has underperformed S&P 500 by 7.2% over the last 52 weeks and 6% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 14 of 28 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Asset Management stock has the strongest price momentum?

Victory Capital Holdings, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Asset Management company scores highest for research priority?

Victory Capital Holdings, Inc. scores 68.9 out of 100 with 76% evidence confidence, from 25.5 points on growth and earnings, 16.4 on capital efficiency, 7.3 on valuation and 19.7 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Asset Management companies does this comparison cover, and over what period?

It compares 29 listed companies over up to 20 reported quarters of fundamentals and 6 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Asset Management sector?

The 29 Asset Management companies on this page carry $1,128,749 million of combined market value. BlackRock, Inc. is the largest at $178,464 million, about 16% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.

What is the Asset Management sector's P/B ratio?

The median price-to-book ratio across the 29 Asset Management companies on this page is 2.4×, measured on the 27 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.

How is the Asset Management sector performing?

14 of the 28 covered Asset Management companies are beating S&P 500 on Mansfield relative strength. The sector itself is 7.2% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.

How many Asset Management stocks are listed in the US?

This comparison covers 29 listed Asset Management companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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